Public Joint Stock Company Magnit (LON:MGNT) Shares Down 33.1% – Here’s What Happened

Public Joint Stock Company Magnit (LON:MGNTGet Free Report) traded down 33.1% during trading on Thursday . The stock traded as low as GBX 6.56 ($0.09) and last traded at GBX 6.56 ($0.09). 100 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 1,012,682 shares. The stock had previously closed at GBX 9.80 ($0.13).

Public Joint Stock Company Magnit Price Performance

The company’s fifty day simple moving average is GBX 6.56 and its 200 day simple moving average is GBX 6.55.

Public Joint Stock Company Magnit Company Profile

(Get Free Report)

Magnit PAO, formerly Magnit OAO (Magnit OJSC) is a Russia-based holding company, which is engaged in the food retail industry. The Company operates the chain of numerous convenience stores and hypermarkets, as well as Magnit Family stores in more than 1,763 locations across the Russian Federation. The Company’s stores are located within the Southern, Central and Volga Regions, North-Western and Urals Regions.

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